Equities markets stay flat early afternoon (Second Lead)

May 29th, 2008 - 2:28 pm ICT by admin  

A file-photo of Sensex

Mumbai, May 29 (IANS) The Indian equities markets which opened with a positive gap Thursday were trading flat amidst volatility early afternoon. At 12:30 p.m. the 30-share benchmark index of the Bombay Stock Exchange (BSE), the Sensex, was trading at 16,531.42 with a marginal gain of 6.05 points from Wednesday’s closing figure. It touched a high of 16,666.03 and a low of 16,493.34 points earlier Thursday.

At the same time, the S&P Nifty index of the National Stock Exchange was trading at 4,925.10 points with a gain of just 6.75 points from its previous close.

However, the market breadth remained positive. On BSE, 1,455 stocks advanced, 958 declined and 76 remained unchanged.

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